£542,955
This estimated value is based upon the latest sale price for the house of £340,000 on 17 May 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £340,000 | 17 May 2007 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in May 2007 the House Price Index for ESSEX was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £340,000 results in an estimated price of approximately £542,955.
| 17 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £340,000 | £202,955 | £542,955 |
The Postcode Pricing Model uses changes in average sales price within the SS16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -9.319 % | £-31,684 | £308,315 |
| 3 Month Average | 61.130 % | £207,842 | £547,842 |
| 6 Month Average | 71.300 % | £242,419 | £582,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £304,508 | £300,000 | 21 RUSSETTS |
| 28 Sep 2023 | £324,145 | £320,000 | 26 BOWFELL DRIVE |
| 4 Apr 2023 | £353,810 | £350,000 | 11 RUSSETTS |
| 10 Feb 2023 | £969,348 | £970,000 | 180 GREAT BERRY LANE |
| 10 Feb 2023 | £879,408 | £880,000 | 186 GREAT BERRY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bowfell Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowfell Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near New Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near New Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Dovedale Close |